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When you conduct a large volume of business with an organization that is both a customer and a supplier, you can perform accounts payable/accounts receivable (AP/AR) netting. This process increases efficiency and reduces operational costs by consolidating transactions in the JD Edwards EnterpriseOne Accounts Payable and JD Edwards EnterpriseOne Accounts Receivable systems. For example, you can reclassify debit memos to accounts receivable invoices.

 

Upon completion of this lesson, you will be able to: 

  1. • Understand accounts payable netting.
  2. • Enter accounts payable netting transactions.
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